How many anti-business,anti-capitalism people know this FACT...

healthmyths

Platinum Member
Sep 19, 2011
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At the same time, it collected $976,278,000,000 in Social Security and other payroll taxes.
Feds Collect Record Income and Payroll Taxes Through July

All those ignorant people like Bernie Sanders, the hate business crowd are totally ignorant of the fact that every employer...EVERY employer that pays employees must pay a tax called "payroll taxes".
And this record collection of nearly $1 trillion in payroll taxes... HALF comes from employers!

Yet how many ignorant people want corporate taxes raised!
Want the minimum wages raised to $15.00/hour?

Both of which simply means more costs to an employer. More costs that are either:
1) PASSED ON TO THE CONSUMER
2) Absorbed and the employer says..."hey I'm not making any money any more!...Close the doors!"

In which case the only losers in this are the employees/the consumer and yes the rest of us taxpayers!
For real life ANECDOTAL examples of how this mentality has affected our economy:

Now these are not big corporations. Not wealthy individuals. Small businesses that had to pay payroll taxes on TOP of increasing to $15.00.
Faces of $15

And when it is all said and done... who truly gets hurt the most?
Of 2,600,000 workers with wages at or below the federal minimum made up 3.3 percent of all hourly paid workers.
- Ages 16 to 24 (mostly unmarried with no children) made up 1.15 million.
- Ages 25 and older, some of whom MAY have a family...) 1.4 million.
Characteristics of minimum wage workers, 2015 : BLS Reports: U.S. Bureau of Labor Statistics

YOUNG people who's ONLY value was being there and being there on time!
These young people were at least LEARNING the beginnings of what it takes to be an employee.
 
At the same time, it collected $976,278,000,000 in Social Security and other payroll taxes.
Feds Collect Record Income and Payroll Taxes Through July

All those ignorant people like Bernie Sanders, the hate business crowd are totally ignorant of the fact that every employer...EVERY employer that pays employees must pay a tax called "payroll taxes".
And this record collection of nearly $1 trillion in payroll taxes... HALF comes from employers!

Yet how many ignorant people want corporate taxes raised!
Want the minimum wages raised to $15.00/hour?

Both of which simply means more costs to an employer. More costs that are either:
1) PASSED ON TO THE CONSUMER
2) Absorbed and the employer says..."hey I'm not making any money any more!...Close the doors!"

In which case the only losers in this are the employees/the consumer and yes the rest of us taxpayers!
For real life ANECDOTAL examples of how this mentality has affected our economy:

Now these are not big corporations. Not wealthy individuals. Small businesses that had to pay payroll taxes on TOP of increasing to $15.00.
Faces of $15

And when it is all said and done... who truly gets hurt the most?
Of 2,600,000 workers with wages at or below the federal minimum made up 3.3 percent of all hourly paid workers.
- Ages 16 to 24 (mostly unmarried with no children) made up 1.15 million.
- Ages 25 and older, some of whom MAY have a family...) 1.4 million.
Characteristics of minimum wage workers, 2015 : BLS Reports: U.S. Bureau of Labor Statistics

YOUNG people who's ONLY value was being there and being there on time!
These young people were at least LEARNING the beginnings of what it takes to be an employee.
To liberals money only comes from the Government and allows the people to have what the government wants them to have. That is how stupid a liberal is, was, and always will be.

nbas7l-620x485.jpg
 
They don't really care, as long as someone pays for their free shit they would have no problem, were the monies extracted from baby meat.

Which in this case they are.
 

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